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Search Results 0 to 49 of about 183 (some duplicates have been removed)
WHUT
Jan 1, 2013 7:30am EST
recorded on thursday. for the entire year the nikkei advanced 23%. this is the first time in three years that the key index has climbed above the previous year's closing level. >> we got a boost on february 14th, valentine's day when the bank of japan set in motion asset easing. that weakened the yen and pushed the nikkei to its initial year high at the end of march. greek debt worries and overall eurozone debt issues really began to come to nature in early april, gradually cutting into earlier gains and pushing the nikkei to its year low on june 4th. the nikkei was also hit by concerns over the u.s. fiscal cliff in early november and it plunged nearly 400 points, it was down for seven trading sessions in a row. still another turn for the nikkei this time positive. when prime minister noda dissolved lower house of parliament in mid-november and then the possibility of a victory for the ldp led by shinzo abe really gave a boost to the markets because of his pledge to seek strong monetary easing measures and we did see the yen actually shed a lot of its strength that it had seen earlier in
KCSMMHZ
Jan 21, 2013 5:30pm PST
trend of the nikkei, the markets are pretty much expecting the boj, bank of japan, to take steps to make sure a more agressive monetary stand and fight against deflation pretty much in line with prime minister abe's aims. now, let's have a look at how the markets are opening before this big day, and a bit of a mixed picture there. the nikkei just barely above the positive and the topix just marginally in the negative. as we did see some profit taking on monday, that wasn't such a surprise, and we should really expect a narrow range today as well. now, given the fact that we had a 300-point gain on friday, and also given the jump in the n nikkei since parliament was divided on monday, profits are minimal. we might trade in a narrow range so far today. ai? >> those were some real gains we saw, especially last week. nevertheless, ramin, what about people in the markets? i would imagine they would still be feeling a bit worried whether or not there is enough resolve on part of the abe administration to deliver on their promises since, after all, we've seen past governments trying to bat
WHUT
Jan 4, 2013 7:30am EST
participants prayed for active trading this year. the nikkei ended at 10,688 on friday. it hit the highest closing level since just before the march 2011 disaster. share price on the tokyo stock exchange have been on the rise since november of last year. the major challenge for the new stock exchange whether it can attract mid and long term investments from inside and outside japan. they seem to realize the full vitality of the markets and increase number of new listings. >>> let's go ahead and get a look at the markets. we want to start with currencies this hour because we've been seeing some pretty big moves with dollar/yen. it's climbed above the 88 yen level for the first time in 29 months. right now you got dollar/yen at 88.30. analysts say investors are becoming a bit more willing to take risks due to the nikkei's gains and it led to selling of the yen which is seen as a safe-haven. the dollar buying is bolstered by the minutes of the fed's policy making minute last month. it signaled that the u.s. central bank may put an end to its easing policy earlier than expect preponder
CNBC
Jan 11, 2013 4:00am EST
seen effectively pressure on the bank of japan to raise its inflation target, the nikkei has had a really good run through the fourth quarter, up over 20%. continued now into nine weeks of continuous gains, which we haven't seen for some time. can this continue? >> yes, i think we can. we have the right policies in place at long last. i think the fiscal stimulus is very much the right thing to be doing. in that case, i was on bernie's show towards the end of december saying this is required and the delivery both in terms of a fiscal stimulus that is large, but also through pressure on the boj to achieve 2% inflation target. if the boj does indeed work in that direction, then i think this is really the last opportunity for japan to -- to really step back from the abyss of an unforeseeable pile of debt. and i think they're moving in that direction. the longer shinzo abe can keep the pressure on and get the right policies in place, the better it is for japan. evidence shows, in fact, that if japan achieves positive inflation, you get a sharp improvement in the primary fiscal balance,
KCSMMHZ
Jan 27, 2013 5:30pm PST
draft budgets on tuesday. >>> now let's get a check on japan's markets. nikkei closed sunday at a 1% high. and the dow jones industrial average ending the week with more than a 5% high. with remarks about how the market is reacting, we have ramin mellegard at the tokyo stock exchange. walk us through some of the key events. >> a lot of key events this week. good morning to you, ai. not only will we get a continuation of the earnings in u.s. this week, but also here in japan we'll get a stream of earnings reports starting as well. it's going to be very interesting to see how the weakening of the yen will play into those numbers. let's have a look at the opening levels on this monday, january 28. the nikkei 10,948. it actually hit 11,000 at one point, and that's the first time since april 30, 2010. we're going to see if we can close above 11,000. that's the crucial factor today. the topix at 919 to 1920. after a little selloff that we saw monday and wednesday of last week, we see the yens continue to weaken and that should support key exporters and we should see that momentum. as i me
PBS
Jan 14, 2013 7:00pm PST
nikkei has reached its highest levels. tokyo shares are much higher. yen weakness is prompting traders to buy a wide range of stocks including export related ones. the nikkei gained on expectations that it will take further action to pull out of prolonged inflation. the dollar is trading at a two and a half year low amid 89 yen. at 89.55 to 59. market participants say it's due to stronger expectations that japan central bank will take full action in coming months. let's take a look at the euro because earlier this tokyo it hit the highest level. let's take a look at other markets in the asia pacific. the kospi is trading down at 1,998. australia is trading higher at 4,728. u.s. president barack obama says republicans have to do what he calls the right thing on raising the debt ceiling. he says if they don't the u.s. faces a federal default and confusion in financial markets. >> the republicans can act responsibly and pay america's bills or put america through another economic crisis. >> obama says raising the debt limit is necessary for the government to meet its obligations. he said h
KCSMMHZ
Jan 7, 2013 6:00am PST
opportunity to revitalize itself. it's our last chance. >>> business leaders have seen the nikkei go over the 10,000 level while the japanese currency touched the 88 yen level against the dollar for the fist time in 2 1/2 years. >> translator: stock markets around the world have probably bottomed out. i'm hopeful that the nikkei could reach 13,000. >> translator: the dollar needs to trade steadily around 90 yen and rise to 100 yen. if this doesn't happen, the japanese auto industry won't be able to make cars in the country. >> while the challenging economic environment remains, abe vowed that his once again newly installed administration will do all in its power to pull the nation out of deflation. corporate officials want the government to swiftly put the necessary measures into motion. >> translator: wist and swift and infecti ieffective measures needed. the government must keep an eye on the fiscal situation and achieve economic growth at the same time. >> translator: it's important to enable people to have hope for their future. the prime minister should take the leadership to im
CNBC
Jan 9, 2013 4:00am EST
, when you saw really strong policy measures taken, that actually inflated the nikkei. it started to bring in hot money to japan from things like hedge funds. you saw the yen appreciate. >> exactly. >> i think this initial reaction to weaken the yen is all well and good. but if it catches fire in the nikkei and assets aren't moving -- >> depends what becomes the main driver of currency markets. you know, it depends whether yields stop being the main driver for currency markets or whether growth takes over. >> absolutely. >> also we've seen japanese companies being more aggressive. on the m&a front you think of sprint offset. if that inflows from investors that might stabilize or cancel the effect of the yen. >> for me it's not so clear cut that they're going to could? blanket yielding the yen. >> what do you do with japan now? >> in the short term we're cautious because the proof of the pudding will be in what policies get agreed and what the plan is. there's a lot of smoke and mirrors going on with what they're putting into the economy. in the short term we're cautious and think the
CNBC
Jan 2, 2013 4:00am EST
out performed, up over 27%. nikkei 225 did well, up 23%. most of that came in the fourth quarter when there was a 17% move. this after the government promising to do more to turn the sluggish economy around. the chinese equity market was the langur, it staged a rebound in december after the release of more upbeat data. the shanghai composite up over 3% for 2012, up 8% in the fourth quarter. sonny hammond is director of wealth management at the economy of market strategy at financial alliance. sonny, thank you very much for joining us. quick reaction. what is this sort of this quick fix deal on the fiscal cliff, what does it mean for investors? >> well, i think that as we've seen on the markets itself, everybody was holding back for buying until we get a certainty on the fiscal cliff issue. now that we have, a lot of this pent-up demand is coming in and pushing markets significantly higher. i wouldn't be surprised if after the next few days we continue to see because investors have been waiting by the sidelines initially in the second half of last year, they were afraid of the slo
PBS
Jan 16, 2013 7:00pm PST
weak yen. the euro is higher against the yen. tokyo share prices are higher today. the nikkei average is at 106,872 106,872. market participants say the yen's pull back prompted investors to buy up export related issues. taking a look at other markets. south korea's kospi trading higher up 1,979. in australia the benchmark is trading higher by three-fourths of a percent. the euro zone credit crisis is taking a heavy toll for passenger cars. car sales plunged to a 17 year low. new car saechles stood at 12 million units. it's the lowest since germany saw a decline of 3%. all u.s. european and japanese makers suffered declines. germany's volkswagen lost 1.6%. south korean makers were strong. kia motors saw a jump of 14%. that's the latest in business for this hour. here is a check on other markets. >>> japanese prime minister says he opposes any use. he's visiting vietnam on his first tour aboard. abe prime minister discussed territory disputes. they have disputes with china. the peace and stability in the south china sea is of global concern. he added the rule of law is essential. he un
PBS
Jan 17, 2013 7:00pm PST
. nikkei at 10,828. a gain of over 2% from thursday's close. buying was prompted by more optimistic views about the u.s. economic recovery following strong housing data. let's look at other markets open in the asia pacific. over in australia the benchmark index is trading hie ining high. positive moves so far. tokyo is leading >> on japan clearly that sort of recently announced fiscal and monetary package is intended to create growth in the short term. we don't think that if not associated with a midterm solid anchoring that would actually indicate the determination to change the debt trajectory, reduce the deficit. >> lagarde gave her view on thursday. she supported a 2% inflation target which abe asked the bank of japan to set. she said it's a good idea if the central bank can maintain its independence. more business news next hour. here is a check on markets once again. >>> japanese prime minister has conveyed his concern. the two leaders met in the thai capital of bangkok. abe touched on the issue of the senkaku islands in the east china sea. the islands are controlled by japan
PBS
Jan 30, 2013 5:00pm PST
lower today. some investors are locking in profits after the nikkei index rose above the key 11,000 level on wednesday. others are buying as they anticipate a further decline in the yen. trading down by half a percent, 11,052 at the moment. the dollar is little changed against the yen. they're wanting u.s. economic trends following that decline in the gdp. they are focused on the u.s. jobs data which is due out friday. the dollar against the yen 91.02 to 04. the euro is trading at a 33 month high against the yen. that's because worries over euro debt issues are receding. looking at other markets in the asia pacific region. south korea's kospi is down 19,019 19,057. toyota motor has announced another global recall. the problem this time is defective air bags and windows. toyota says it's calling in 1.3 million cars worldwide. they include corolla compact sedans between 2001 and 2004. the lexus luxury model between 2005 and 2011 at 385,000 units. the air bags may not inflate properly in reaction to electric signals from other signals and in the lexus, the front window wipers may not b
NBC
Jan 10, 2013 4:30am EST
not. the dow opens at 13,390, the s&p and nasdaq were also up. overseas, the nikkei rose 74 points while the hang seng rose 75. today, we'll see how investors react to the latest data, weekly jobless claims, holiday soils and oil from chevron. >>> meanwhile, apple closed above 700 while facebook was spiraling fast. well, now, facebook is the nasdaq 100s best-performing stock up 70% from september. while apple down 22% is at its worst. >>> bailed out insurer aig is nw suing. >> five years after the government collapsed the wall dog is laying down borrows to promote assets. 700 have reportedly been let go in the wake of the $40 million settlement. >>> meanwhile, layoffs are looming at morgan stanley for 1600 jobs. boeing is playing down a string of mishaps saying it has extreme confidence in its new dreamliner 787. >>> paerngtly starbucks cups are a hit. a new survey finds 1 in 4 people have purchased one. >> folks in georgia have camped outside a chick-fil-a for the chance for one free sandwich a year. overseas bargain hunters scrambled. meanwhile, shoppers in paris stripped down fo
NBC
Jan 30, 2013 4:30am EST
points yesterday. the s&p and nasdaq were mixed. overseas trading saw a boost. nikkei shot up 270 points while the hang seng climbed 156. it's a busy morning on wall street. we'll see if amazon stock continues to rise. also keep an eye on chesapeake today the energy company got news, aubreay mcclendon is stepping down and will leave the april 1st. >> lots of eyes will be on research in motion when the blackberry 10 is released at 10:00 this morning. >>> investors could be digesting some grim economic news today. investors believed economic growth went sharply to 1.3% down from 3.2 in the first quarter. >>> for the first time microsoft is rolling out a subscription service. office 365 will be available. >>> and the boeing batteries before the fleet was grounded the 787s. officials at nippon said they had to relays ten batteries in their planes. no flights were canceled. >>> a u.s. judge in new orleans has accepted a 403 billion agreement for the disaster. >>> how about a beer wash down your twinkie the owners of apollo global are reportedly close to a $400 million deal. for hostess
CNBC
Jan 21, 2013 4:00am EST
opening down 0.2%. we're roughly split between decliners and advancers. asian trade overnight, the nikkei was giving back some of its gains as the yen strengthened there. that didn't necessarily help sentiment, but european bourses doing okay on. the ftse 100 up about .1%. about .25% for the xetra dax. the cac 40 is the laggard. let's take a look at bond rates. we were speaking to allen about some of these. down across the board. we're seeing yields drift up a little bit everywhere. the bund yield, moving up to 1.75%. we were below 5%, though, last week. italy moving up 4.116% and the 10-year yields still staying above 2%. so an interesting differentiated trades higher there this morning. quick look at forex. the dollar/yen, down .7.5%. after juvenile oomphing above 90, failing to hold some of those levels and giving up some of the yen strengthening a bit. for more on how markets traded overnight, let's get straight out to will i sixuan. >> thank you, kelly. it's a mixed picture for asian bourses. the nikkei pulled back ahead of the boj announcement tomorrow. investors are expecting bull
CNBC
Jan 10, 2013 4:00am EST
agriculture stocks topped the gains in that market. the nikkei 225 was pushed higher. the yen was around 288 handle against the greenback. new prime minister shen zoe abe asked the bank of japan to adopt a 2% inflation target officially. samsung electronics rebounded about 2% on bargain hunting. the kospi snapped a five-day losing streak, ending higher by .75%. and the options over china gave a lift to the australia markets. the asx 200 reversed earlier losses to end marginally in the green. data showed china's imports of iron ore soared past 17 million pounds for the month of december. the sensex is trading lower by about .1%. >> sixuan, thank you. we'll keep you again here in europe. the ftse 100 is at the highest level of the last year for a close. the ftse 100 up .06. the ibex down 10, the cac 40 down 11 points. a couple markets, forced into releasing results last night. there was a leak and then having the full conference call, disappointing figures marks & spencer trading down 4.74%. pretty good numbers for tesco. a bit of a shocker last year, not the same this year. the stock right no
ABC
Jan 11, 2013 4:00am EST
creating 600,000 jobs and adding 2% to the country's gdp. the nikkei ended the day at its highest level in almost two years. >>> the ax is swinging at american express. the credit card and financial firm is slashing 5,400 jobs. amex says most of the cuts will be in its travel services, which has been hammered by corporate cutbacks and clients booking online. >>> boeing 787 was supposed to be the next big thing in travel. but reports say federal officials say they're going to review the crime liner's power system. a three-foot crack was found in the cockpit window of a dreamliner an hour after takeof. the faa will hold a news conference following recent 787 incidents. united airlines, which operates six dreamliners, says it has no plans to ground the plane. >>> and news for anyone hoping to save a few bucks on an iphone. apple is knocking down reports it's planning a cheaper version of an iphone. an apple executive is quoted as saying, the company will not sell a less expensive version just for the sake of growing market share. walmart's big sale of iphone 5s for $157 ends tomorrow, replace
KICU
Jan 4, 2013 4:00am PST
up and now the ftse in london has gone up for 20 months- > > it's overbought. > > the nikkei has gone up for 20 months- > > it's overbought > > the world is recovering, things are getting better, and now you're saying the top is in- > > it's overbought. 1460, we have tested twice, and it's sold off- > > overbought is relative. we're going to 1570 and then 1600. > round 2) the sunny side trade - warren buffet spent $2.5 billion for a solar company. is this industry legit? what stocks would you buy? > > legit in terms of, yes, the solar stocks are going higher. i know how much higher they can go. look at first solar, it went from $11 to $37. a 50% short in terms of stock getting squeezed go higher and higher. a lot of these solar stocks have huge short interest. they are going higher. there is a huge shift out of wind in the u.k. and in china, into solar. > > i'm conventional. we sell oil market trade in a two-month range and now has broken out above $93, targeting near $100 now. i am looking at a natural gas play: chk is trading at $17. it has been trading in a rage now, so it loo
CBS
Jan 24, 2013 4:00am PST
-year high. tokyo tokyo's nikkei gained 1%, while hong kong's hang seng shed a fraction. >>> the dow shot up 67 points to 13,779. that is the highest level since october of 2007 before the recession began. the nasdaq rose 10 points. >>> netflix wowed wall street with its fourth quarter earnings. the internet service gained 2 million subscribers in the u.s. that helped the company report a net income of almost $8 million. net flick stocks hit a new 52-week high gaining 35%, closing at almost $140. >>> japanese and u.s. investigators said wednesday that overcharged batteries did not cause the recent fires on boeing's 787 dreamliner, but they did find thermal damage to the lithium ion battery that caught fire earlier this month. overall, 50 dreamliners have been grounded worldwide. the city wants to ban sugary drinks bigger than 16 ounces in an effort to cut down on obesity, but opponents call it grossly unfair and say it would hurt small and minority owned businesses. they're trying to stop the ban from taking effect march 12th. oh, the fight over the sugary drink. >> i know, i know. p
WHUT
Jan 22, 2013 7:30am EST
/yen is looking at 118.55. >>> on to stocks, asian stocks mixed. nikkei down 0.4%. investors got a clearer picture of the boj's monetary policy. in terms of active trading at this time, european stocks looking to the downside right now. investors are cautious ahead of the release of bellwether u.s. corporate earnings on the day. london down a fraction. paris's cac 40 losing about 0.25% at this time. >>> shipment of flat screen televisions showed the steepest decline last month. they say 6.5 million units were shipped in 2012. that's down 67% from the year before. it was the second straight year-on-year decline. many japanese consumers bought flat screen tvs ahead of the switch over to digital broadcasting. sales have declined since then, leading to a drop if shipments. they say tv makers must develop new features or services to stimulate fresh demand. >>> that is going to wrap it up for biz tonight. let's check in now on the markets. >>> u.s. diplomats are trying to punish north korea for firing off a rocket last month. they presented a draft resolution to u.n. security council aim
MSNBC
Jan 28, 2013 2:00am PST
, the nikkei dropped 102 but the hang seng, that rose 91. >>> one week until the big game but on wall street it is the super bowl of data. this morning industrial heavy weight caterpillar tips things off in earnings before the bell. exxon mobil is also on deck. investors will be looking for clues for how long apple will hold on by largest company by market cap. and more on yahoo!'s turnaround after market close today. >>> a slew of economic data out this week will help determine whether the s&p stays above the 1,500 milestone for the first time since 2007. >>> later this week, we'll see jobs last month and whether the unemployment rate dips below the current 7.8%. >>> you may be hearing buzz about new credit card fees at the cash register thanks to a class action settlement between credit card companies and merchants. don't pack panic, experts don't think many retailers plan to impose that charge. >>> at the pump, gas prices have jumped two cents in the last weeks to $3.34 on average for a gallon of regular. >>> also on the rise, a first-class postage stamp up a penny to 46 cents. >>>
PBS
Jan 8, 2013 5:00pm PST
investors continue to take profits after last week's rally. the nikkei average is trading at 10,438. that is a loss of 2/3 of a percent from tuesday's close. market participants say export-related stocks are being sold as the yen's direction is now reversing from the recent weakness. taking a look at the currency markets now, the dollar is trading lower against the yen. that pair quoted at 87.15-16. market sources say participants are buying the yen to take their profits on the dollar's recent advance as the japanese currency had dropped rapidly. they're also keeping an eye on whether the abe administration will be able to implement policies to improve the country's flagging economy. now,he euro's trading lower against the yen, as many players expect few moves from the european central bank. its policy makers are scheduled to meet thursday. euro/yen, 113.92-97. >>> looking at other markets in the asia pacific, south korea's kospi is trading modestly higher. 1,999 at the moment. let's take a look at australia. the benchmark index is trading higher by .4%. 4,710. >>> well, the world's
CBS
Jan 3, 2013 4:00am PST
nikkei remains closed during the holiday. >>> the dow finished at 308 points higher on wednesday, the first trading day of the new year. the nasdaq also gained 92 points. >>> two of the nation's largest credit rating companies are urging congress to shrink the federal deficit that now tops $1 trillion. moody's investor services warns that if congress failed to act, it could cut the nation's a aa rating and standard and poor says it could be lowered unless congress takes action. >>> avis, the nation's largest car rental company is going in a new direction. it plans to buy zipcar for $400 million. unlike traditional car rentals, zipcar is a car-sharing service that's more lucrative. members pay a yearly fee in addition to an hourly rate. >>> al jazeera is expected to have a much bigger voice in the u.s. it plans to buy current tv, the low rated cable channel started by former vice president al gore and a business partner for about $500 million. al jazeera is only available in a few places in the u.s. the deal would give it a potential audience of 60 million homes. >>> google may be tryi
PBS
Jan 21, 2013 7:00pm PST
ahead of the announcement from the boj policy meeting. the nikkei average is trading at a higher%. let's see what's happening on the currency market. the yen is little changed against other major currencies with investors refraining from aggressive betting. the against the yen is changing at 89.74 to 75. meanwhile euro against the yen is at 119.38 to 42. mark players say all eyes are on what kind of bold measures the central bank can come up with if it's two achieve the 2% inflation market. investors expect trading to be volatile following the government and boj announcement. south korea's kospi flat pretty much. 19 1,9 1,986. we'll see where trading takes us. global unemployment is on the rise. the international labor organization says the number of jobless people increased for the first time in three years as european credit woes continue to weigh on the global economy. officials announce on tuesday that nearly 200 million people worldwide were jobless in 2012. that's an increase of more than 4 million from the previous year. officials say unemployment grew not only in western
WHUT
Jan 25, 2013 7:30am EST
cac 40 up by .7%. in tokyo the nikkei average was up near 3% ended at 10,926. that does mark this year's closing high. a weaker yen prompted investors to buy export related issues. different story in shanghai. composite index was down half of a per september today ending at 2291 that sent the index below 3,000 for the first time and the bench park is down. latter half of the week, shanghai stock prices were trading on a bit of a weak tone. we did take a look at this chart we can see the longer term trend. the index has been recovering to the same level as a year ago. so what's really been behind this? we had a chance to speak with the chief operating officer in hong kong to get his outlook for the market. >> china's economy has rebounded steadily since the fourth quarter last year boosted by internal consumption and investment against the background of improving economic outlook and lagging stock market performance. they are gathering more interest on china's asian market amid the prevailing improving condition. however as china asia's market has recently fall almost 20% in a mont
WHUT
Jan 18, 2013 7:30am EST
the market sentiment in the region. japan's nikkei index the big winner in the region it hit its highest level in two years and nine months. that's due to the weakness. hong kong's hang seng index closed at a high level. let's get a check of europe. we got fairly mixed picture at this time. we're seeing gains right now for the london market up more than half a percent. frankfurt market is down fractionally at this time. we're seeing gains for paris cac 40 about a quarter percent higher. the dollar and euro are maintaining up ward momentum. dollar/yen is currently at 89.80. euro yen is changing hands at 119.96. the currency touched the 116 yen level at one stage during this week. the yen is facing selling pressures due to strong expectations that the bank of japan will ease credit further. >>> a japan based free phone and messaging service called line is spreading fast. company officials say the number of users topped 100 million on friday. pretty exciteed. the service via smartphones is provided by nhn a subsidiary of a south korean i.t. firm in japan. senior nh officials and emp
CBS
Jan 3, 2013 4:00am EST
seng added nearly half a percent while con congress's kospi added half a percent and tokyo's nikkei remains closed for the holiday. >>> the dow finished at 308 points higher. the nasdaq also gained 92 points. >>> two of the nation's largest credit rating companies are urging congress to shrink the federal deficit that now tops $1 trillion. if they fail to add it could cut the nation's a aa rating and it could be lower unless congress takes action. >>> avis, the nation's largest car rental company is going in a new direction. it plans to buy zipcar for $400 million. zipcar is a car-sharing service that's more lucrative. members pay a yearly fee in addition to an hourly rate. >>> al jazeera is expected to have a much bigger voice in the u.s. it plans to by current tv started by former vice president al gore and a business parter for about $500. al jazeera is only available in a few places in the u.s. >>> google may be trying to make an inroad into communist north korea, the world's most closed society. eric schmidt, the company's executive chairman is expected to travel there on a hum
CBS
Jan 15, 2013 4:00am PST
morning. new stimulus measures in japan sent the nikkei up more than half a percent, finishing at a 32-month high. hong kong's hang seng lost a fraction amid profit-taking. >>> stocks ended mixed on wall street amid uncertainty over the battle over the nation's debt limit. the dow finished up nearly 19 points while the nasdaq fell 8 points. >>> fewer iphone 5s will be rolling off the production line as consumers move toward rival phones running google's android system. apple reportedly cut its orders for some iphone 5 components because of weak demand. apple's stock fell 4% following that report. >>> toyota unseats general motors as the world's top-selling automaker. the japanese carmaker sold about 9.7 million cars and trucks last year. 400,000 more than g.m. for more than 70 years, g.m. reigned as the top-selling automaker before losing the title to toyota in 2008. >>> a new survey shows home prices surged 7.5% in 2012. the most in the past six years. core lodge ig-- logic says stronger demand, fewer homes up for sale, and fewer sales of bank-owned property led to the spike. the c
CBS
Jan 23, 2013 4:00am PST
more. good morning, ashley. >> and good morning to you, anne-marie. tokyo's nikkei dropped 2% reaching a three-week closing low while hong kong's hang seng lost a fraction. better than expected fourth quarter earnings from travelers and depont pushed stocks to a five-year high. the dow gained 63 points to finish at 13,712. that's the highest we've seen since 2007. the nasdaq gained 8 points. >>> apple reports its fourth quarter earnings today, and it may have lost some of its magic. last week stocks held below $500 for the first time in 11 months and it's falling short of analysts' expectations in the last two quarters. apple says it expects to report sales of just under $500 billion. home sales were up. the national real estate association said sales dropped in september, but overall sales jumped 9% higher than in 2011. analysts say improved hiring and low mortgage rates should help boost sales this year. >>> and break out the hot sauce. the super bowl is going to be a super weekend for chicken wings. the national council says -- get this americans will consume 1.2 billion c
FOX
Jan 10, 2013 4:30am PST
. there will be another system dropping down, a nikkei one and i see it and next week after this cold it does look sunny and warmer, pam. >>> a bizarre twist, it ended and the plot police say ended with a dramatic scene. >>> the reason his signature has been the topic of consideration on social media. >> good morning, it looks good between the tunnel and oakland. we will have more on your morning commute. stay tuned. start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, reliability and ways to connect. rethink possible. . >>> well, it is getting colder and there is a lot of shower activity and some of that is producing snow. inland is tougher but it will be colder, upper 40s very low 50s. >>> we are now hearing pres
CBS
Jan 29, 2013 4:00am EST
japanese banks on larger profits this year. tokyo's nikkei gained .5% while the hang seng lost a fraction. >>> pending sales dropped in december. the dow tumbled after four weeks of gains and went down 14 points to 13,881. the nasdaq added 4.5 points. >>> toyota is back, grabbing the top spot from g.m. as the world's top automaker. the company sold a record 9.7 vehicles last year, up 28%, and nearly half a million more cars than general motors. toyota lost the lead in 2011 after production was hurt by the quake and tsunami in japan. >>> the maker of little debbie is going to buy drake's cakes. mcgee foods offered drake's $27.5 million for the brands that include devil dogs, funny bones, and yodels. a judge still has to approve the sale. a buyer for twinkies and other hostess case is expected to be announced soon. >>> barnes and noble will continue to downsize. the "wall street journal" says the bookstore will close about 2 stores a year for the next decade. they are currently about 700 stores in the u.s. the nation's largest bookstore has been facing tough competition from online retailer
MSNBC
Jan 23, 2013 2:00am PST
yesterday. s&p and nasdaq saw gains. the nikkei shot down 222 while the hang seng fell 23. now on to wall street, where apple's earnings will be front and center today. after losing its shine in recent week, traders will be looking for any good news to offset any talks of dwindling iphone demand which could help the tech-heavy nasdaq, one index that hasn't joined the january rally. elsewhere on the earnings front, google was up after a better than expected fourth quarter report. also after hours, ibm beat earnings estimates thanks mostly to growth in emerging markets. microsoft has reportedly entered talks to help the finance of buyout of pc maker dell. >>> more fuel for the housing recovery, the national association of realtors said sales of existing homes hit a five-year high thanks to record low mortgage rates. and car dealers say record low interest rates are boosting their business with financing under 4% for used cars, and rates less than 2% for new vehicles. >>> in the wake of recent tarmac troubles, the u.s. senate said it will review the plans for use highly lithium batteries in
NBC
Jan 29, 2013 4:00am PST
numbers, though. the s&p was down 2, but the nasdaq gained 4. overseas the nikkei closed today but rose 42 and the hang seng lost 16. stocks took a breather from an eight-day bull run. we'll see if another onslaught of earnings can turn things around. after the closing bell, shares of yahoo! surged as investors cheered better than expected earnings and a slight uptick in revenue. in today's before the bell earnings action, a broad economic snapshot from a dozen companies, including forbes, pfizer, pharmaceuticals and a.k. steel. and we'll see if amazon weathered the crucial holiday shopping season. i know i spnt a lot. >>> also ahead today, the fed begins its first two-day powwow of the new year. speculation is the central bank will keep interest rates near record lows. >>> on the street monday, bargain hunters scooped up apple stock after it tumbled 14% last week, putting apple back into the most valuable spot ahead of exxonmobil. >>> also back on top, toyota, the automaker retook the title as the world's largest automaker thanks to a 23% surge in global sales last year. >>> gener
WHUT
Jan 31, 2013 7:30am EST
prices meanwhile were largely mixed on thursday. tokyo's nikkei average was up .20%. it managed a gain of three days in a row benefiting from a weaker yen. hong kong shares pulled back from a recent rally as many investors felt the market overheated in the recent days. the bench mark hang seng fell .39% from wednesday's 20-month closing high. south korea's kospi was down and investor sentiment was weakened by u.s. economic data. we'll look at currencies, the dollar is trading tight against the yen. market players are refraining from opening new positions ahead of friday's u.s. key economic data. dollar/yen 91.02-03. the your owe trading slightly higher against the yen. that's on receding worries about the debt situation in europe. euro/yen 123.35-40. >>> british prime minister david cameron says authorities must use every means possible to fight terrorism. cameron traveled to algeria, the site of the hostage crisis earlier this month. he and prime minister abdelmalek sellal announced an agreement to tighten security. >> what i want to do is work with the algerian government and with ot
NBC
Jan 18, 2013 4:30am PST
overnight. the nikkei moving higher after remarks on the yen earlier this week were misinterpreted. intel reported disappointed earnings last night. stocks did rise on thursday on the back of better than expected data on unemployment and the housing market. today we get a report on consumer sentiment and earnings from general electric and morgan stanley. in terms of how we ended yesterday, dow rising 84 points. nasdaq adding 18. here's an interesting story. buying bed sheets, crystal or towels for your friends is so last week. how about gifting them a traditional daodge dart. they will ask others to chip in and customers can customize their car and set a goal to make this theirs. friends and family can sponsor specifically parts of the car like the engine or the steering wheel. you got to get someone a present, look into this option. >> how much does a steering wheel cost? second i'm happy my best friend is already married. thank you so much, seema. >> i like that idea. something different. if you're going to do that, let me have the money. i'll pick my car. just saying. thank you. 4:46.
NBC
Jan 3, 2013 4:00am EST
points yesterday. the s&p shot up 36. and the nasdaq leaped 92. >>> over assess, the nikkei was closed for holiday, but the hang seng rose 86. moody's investor services warned that a viable plan to shrink our deficit in the next few months, the government's credit rating could be at risk. >>> al jazeera could be coming to a tv near you. al gore plans to use existing distribution to broadcast. one interesting note, as soon as the deal was announced time warner cable said they would drop the channel from their 12 million subscribers. >>> developing a new business plan. the company will be opening several retail shops called photo bars where people can come in the store to download pictures. >>> if you build it, they will buy it, the famous iowa baseball diamond from the iconic movie "field of dreams" has been sold for $3.4 million. the new owners plan to transform the land mark into 24 youth baseball fields. >>> water levels have dropped ten feet in the last six months along america's shipping superhighway. if parts of the mississippi river don't rise soon, shipping could come to a halt
PBS
Jan 23, 2013 5:00pm PST
cues from the yen move. some investors are taking profits while others are buying as the nikkei has fallen be kospi is trading lower by .4 a percent. apple's net profit from october to december rose only 0.1% from the same quarter earlier. this highlights the slowdown in the company's earnings. the quarterly figure stood at $13.1 billion. the sales of smart phones and tablet computers marked a record high on a quarterly basis. analysts say that rising production costs for new models pushed down profits. they say the poor results are due to strong demand for old models whose prices were cut following the release of new ones. officials at the inrnational monetary fund say global growth will strengthen gradually in 2013. that's as economic activity start to ease this year. the imf release an update of its world economic outlook report on wednesday. if forecast global economic growth will reach 3.5% this year. that's up from 3.2% in 2012. the imf says the euro zone economy will recover more slowly than previously expected. the imf's growth forecast for the united states is 2%. that's as
WHUT
Jan 17, 2013 7:30am EST
hong kong markets were down. japan's nikkei average managing a gain of .10%. let's check out europe now where stocks are actively trading. we've got a mixed picture there. investors also are refraining from active training ahead of earnings results from major u.s. companies. ftse 100 lower by .20%. frankfurt dax is losing .25%. gapes for paris cac40 up by .50%. dollar and euro gaping further ground against the yen. the dollar/yen at 89.29. euro/yen at 119.28. traders are stepping up yen selling after japan's prime minister reaffirmed his resolve to set an inflation target of 2%. >>> well, business leaders from japan, china and south korea gathered in seoul has the three nations are about to start negotiations for a free trade deal. the meeting on thursday was organized by a seoul based secretary yacht that enhanced cooperation. several government officials and business people attended. >> translator: closer business ties will have a positive impact on the three nations politics and diplomatic relations. >> translator: we hope the business people gathered here will become the cornerstone
CBS
Jan 22, 2013 4:00am PST
. asian markets were mixed following stimulus action by the bank of japan. tokyo's nikkei lost .5% while the hang seng gained .25%. >>> wall street will reopen after the long weekend. investors will focus on another round of earnings reports. this time from the tech sector, like google and ibm. last week the dow finished up 161 points while the nasdaq rose nine points. >>> home sales for december will be released later this morning. economists say low mortgage rates and the improving job market could cause sales to rise to the highest level in three years. >>> more layoffs at blockbuster. dish network says it's going to close 300 more stores and lay off 3,000 workers. the company spokesperson says the stores are underperforming or nearing the end of their leases. last year the company closed 500 locations. >>> a new fee from southwest. the airline will let passengers be part of the first boarding group for an extra $40. currently you can do that by purchasing a special business-class ticket or joining a loyalty program. the new pass will be available 45 minutes before departure. >>> and
CBS
Jan 31, 2013 4:00am PST
some disappointing earnings. hong kong's hang seng lost half a percent while tokyo's nikkei bucked the trend adding a quarter percent to add to a 33-month high. worries about a slowdown with wall street after a month of gains. the dow fell 44 points to close at 13,910. the nasdaq also fell 11 points. >>> boeing posted fourth quarter profits yesterday that beat wall street's estimates. the company says it's standing by the batteries it uses for its grounded fleet of dreamliners and has reportedly already replaced more than 100 batteries. boeing also said it will speed up the production of the 787. >>> and good news for twinkie lovers. the golden sponge cake is about to make a comeback. hostess has reportedly picked two investment firms to buy its twinkies and other snack cakes. the deal is worth more than $400 million. the announcement could come as soup as next week. so anne-marie, i think it's safe for me to finally open up that emergency box of twinkies i've been hiding. >> i know. i've been hiding them in my basement, thank you, ashley morrison, in new york. >>> coming up, the c
MSNBC
Jan 29, 2013 2:00am PST
nikkei rose. >>> stocks took a breather from a bull run. we'll see if earnings can turn things around. after the closing bell, shares of yahoo! surged after an up tick in revenue. coming up in today's before the bell earnings action, we get a broad economic snapshot from ford, pfizer and ak steel. after the close, we'll see how online retail titan, amazon did after the crucial holiday shopping season. the fed begins a policy pow wow. the central bank will keep interest rates near record lows. bargain hunters scooped up apple stock after it tumbled 14% putting apple in the most valuable spot. toyota, the auto maker the world's largest auto maker thanks to a 23% surge. general motors announced spending millions to upgrade an assembly plant. meanwhile, a government watchdog is calling autothe pay czar for executive pay. companies bailed out by the government, aig and ally financial. we have heard chicken wings are more expensive this time of year. men stole $65,000 worth of tyson frozen chicken wings. straight ahead, we get the insight from lynn sweet of the chicago sun times. what lebro
MSNBC
Jan 25, 2013 5:00am EST
and nasdaq were mixed. overseas, the nikkei shot up 305 points, but the hang seng fell 18. >>> turning to more business headlines. today, investors are going to want to keep a close eye on a few things. first, united airlines is going to chop about 600 jobs through buyouts and layoffs. net to netflix, shares jumped 42%. with strong quarterly earnings. after peaking in the $700 range, apple is down 36%. the question everyone is asking, how low will they go. next to new home sales which some estimate to be at 400,000 for december. if that number is accurate, it would be a very good sign for the economy. and i'm sure you've seen the frenzy over subway's one-inch short controversy. sandwich lovers aren't too happy. and some filed class action lawsuits claiming the footlong is only 11 inches long. the suit says customers are owed a refund for the portion of the sandwich that they've not been receiving. subway has declined to comment on the lawsuit. a spokesman said the restaurant chain has redoubled the efforts to ensure consistency in every sandwich we have. >>> straight ahead
NBC
Jan 25, 2013 4:30am EST
13,825 after gains 46 points yesterday. the s&p and nasdaq were mixed. overseas, the nikkei shot up 305 points but the hang seng fell 18. >>> turning to business headlines. today, investors are going to want to keep a close eye on a few things. united airlines is going to chop about 600 jobs through buyouts. net to netflix, shares jumped 42%. with strong quarterly earnings. after peaking in the $37 range, apple is down 36%. the question everyone is asking, how low will they go. next to new home sales which some estimate to be at 400,000 for december. if that number is accurate, it would be a very good sign for the economy. and i'm sure you've seen the frenzy over subway's one-inch short controversy. sandwich lovers are happy. and some filed class lawsuits. suitcase customers are opened a refund for the portion of the sandwich that they've not been receiving. subway as declined to comment on the lawsuit. a spokesman said the restaurant chain has redoubled the levels to ensure consistency in every sandwich we have. >>> straight ahead, a super size controversy surrounding the super bow
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